serverHold status means registry, not registrar, hold - the relevant protocol (not WHOIS) has the registry as the server, as you'd expect. But you are right about GoDaddy and they are a strange choice.
Yep.
clientHold = registrar (GoDaddy)
serverHold = registry (Montenegrin Registry)
Yep.
clientHold = registrar (GoDaddy)
serverHold = registry (Montenegrin Registry)